Related Posts
I want to build my career in analytics. I have offer from EY India, EXL and LatentView Analytics.
EY is more on the side of project management and process improvement in SaaS, as told. While there is hands-on in other two.
If I don't consider pay, which company is the best to go for considering work and culture(peope friendly).
YoE: 5
Tech Stack: SQL, Python, Tableau, PowerBI
More Posts
Hey Fishes, Need 11 likes. Please help!
Additional Posts in Consulting
New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.
You can’t ignore 4.5% of your base. People are foolish not to think it matters.
My cash comp is ~$200k. 6% match with year end true-up. So simply $200k * .06 = $12,000. This results in a total contribution of $31,500 per year or 15.8% of my base.
Salary = base
Total cash comp = base + bonus
Total rewards = base + bonus + lti + benefits (ie pto, h&w, 401k, pension, etc.)
So long as you compare apples to apples, you will be fine
OP dont ignore wealth builder. At Senior Manager levels PwC pays 6% into wealth builder and you pay 0. That+ 1.5% is an effecfive match of 7.5% for your 6% (should you contribute to 401k)
Chief
Remember PwC vesting schedule is also pretty bad. It’s like 20% a year. So you only vest 20% of that small amount per year. It does add up over the years but unless you’re at year 3-4 it is inconsequential.
Chief
You can, but generally it’s base + bonus + stock vesting /yr
It’s just a one year vest. My confusion is that at PwC I have 28% bonus range but never have I ever gotten a 28% bonus so I don’t know if should discount that. My recruiter said that in the industry job they usually pay full bonus and sometimes if the company is doing well it will go over the stated bonus.
Industry is wayyyyyy more likely to give you your full target bonus. I say this as someone who was Tier 1 twice at PwC and then left. If we’re trying to compare apples to apples, I would only include the Tier 3 bonus in your base.
OP PwC does provide something called Wealthbuilder additionally to the 401k. It varies for different levels. Also the bonus is a range in every company. There are no guaranteed bonus.
I’ve never met met a company so willing to flex the “bonus is never guaranteed” like PwC does though. It’s a whole lot more certain in industry.
TC calculation is mostly used for comparison and benchmarking and adding a match (especially if it has a vesting period) or any benefits immediately confuses this. TC is just base + bonus + RSUs divided by their vesting period to reflect annual amount.
Is it free money (include) or have some complicated vesting period (exclude) or something in the middle (discount appropriately)
Rising Star
401K is included in TC.
TC is Base, bonus, RSUs, 401K match, and other cash-like compensation.